Let’s be perfectly honest. Many traders had never even heard of American Superconductor (NASDAQ:AMSC) stock until Tesla (NASDAQ:TSLA) CEO Elon Musk brought up the topic of electricity shortages. Suddenly, AMSC stock was headed for the moon – but don’t buy any shares until you’ve conducted your due diligence on American Superconductor. Headquartered in Massachusetts, American Superconductor
Jen-Hsun Huang, CEO, Nvidia David Paul Morris | Bloomberg | Getty Images Check out the companies making headlines in the premarket. Nvidia — The chipmaker popped 7% after reporting another blowout quarter that topped Wall Street’s estimates. Nvidia also offered optimistic guidance, saying that sales will jump 170% during the current period as demand for
Automakers around the world are working overtime to pivot to electric vehicles and phase out gasoline-powered models. The market for EVs looks enormous, with Fortune Business Insights forecasting that the value of the global EV market will reach $1.58 trillion annually by 2030. While Tesla (NASDAQ:TSLA) has a big lead currently, its competitors are closing
Canoo (NASDAQ:GOEV) stock is a unique EV stock. A lifestyle vehicle company, Canoo produces vans which are partly retro and partly utilitarian, for a very specific buyer. While the company has stood out among some investors because of its backlog, like all EV manufacturers, Canoo has run into funding and production issues in the company’s
Yiren Digital (NYSE:YRD) is up by nearly 75% year-to-date. Over the past twelve months, YRD stock has gained by more than 134%. With such a strong performance, many questions emerge. For starters, what’s the story with this China-based fintech firm? While not an obscure stock per se, admittedly it is not one of the most
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In this article HE AFRM MRVL Follow your favorite stocksCREATE FREE ACCOUNT Marvell Technology Group Source: marvell.com Check out the companies making headlines before the bell. Marvell Technology — Shares fell more than 3% before the bell despite the company topping Wall Street’s expectations for the recent quarter. Marvell posted earnings of 33 cents per
One of the best ways to hunt for oversold fintech stocks to buy is by reviewing the 63 holdings held by the Global X FinTech ETF (NASDAQ:FINX). It tracks the performance of the Indxx Global FinTech Thematic Index. The methodology page states that the names in the index are companies in developed markets “that are offering
We might have seen the peak of the semiconductor stock market for quite a while. On Wednesday evening, chip investors were on top of the world. Industry heavyweight Nvidia (NASDAQ:NVDA) reported tremendous earnings, with its shares topping $500 for the first time. Many other semiconductor stocks surged in sympathy. A day later, however, the sentiment
Buying dividend stocks can be tricky. Oftentimes, stocks that pay exorbitantly high dividends have underlying financial problems, and their share price is languishing. The dividend is used as a carrot to keep shareholders hanging on in what is known as a “dividend trap.” This is a situation best avoided. That said, there are a number
Shoppers walk by a Nordstrom sign at Westfield San Francisco Centre in San Francisco, May 11, 2023. Justin Sullivan | Getty Images Check out the companies making the biggest moves midday: Nordstrom — The department store retailer sank 8.6% even after topping fiscal second-quarter earnings and revenue expectations. Earnings came in 40 cents ahead of
Machine learning (ML) is a branch of artificial intelligence (AI) that enables computers to learn from data and experience without explicit programming. The potential of generative AI has made machine learning stocks among the hottest investments in 2023. The technology has numerous applications in various industries, including cloud computing, cybersecurity and online search and discovery.
Investing in biotech stocks can be challenging. The rewards can be great when your company hits on a popular drug, treatment or product. But there are also plenty of pitfalls that make such investments a risk. Biotech stocks represent companies that develop products and technology involving genetics and molecular biology. Some of them develop new
From early to mid-August, shares in Facebook and Instagram parent Meta Platforms (NASDAQ:META) experienced a slight pullback in price. However, in more recent trading days, META stock has started to bounce back. As of this writing, the tech giant’s shares are back to the $300 price level. With this, if you so far haven’t added
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In this article JWN Follow your favorite stocksCREATE FREE ACCOUNT Check out the companies making headlines in extended trading on Thursday. Customers walk through a shopping mall along the Magnificent Mile in Chicago, March 15, 2023. Scott Olson | Getty Images Affirm Holdings — The stock added 10.8% after its quarterly results came in better than
In the semiconductor industry, the foundation of progress lies within the complex architecture of semiconductors. With the advent of AI, the gears of innovation turn ever faster. The article lists three companies at the forefront of this symphony of technology. This has led to the rise of semiconductor stocks to buy. The first one was
In a bear market, investors tend to be over-cautious. Even fundamentally strong undervalued stocks are ignored. However, when market sentiments change, purely speculative stocks tend to get the spotlight. Even if the stock trades at crazy valuations. The S&P 500 index has been trending higher year-to-date. With the rate hikes largely done and the U.S.
August has been a volatile month for the stock market. Corporate earnings, a rise in bond yields, and a deepening economic correction in China have conspired to send all three major U.S. indices down about 3% over the past month. Amid the downturn, there are still some clear winners among the top growth stocks to
In this article ADSK DG AMD MRVL Follow your favorite stocksCREATE FREE ACCOUNT Nvidia’s A100 GPU, used to train ChatGPT and other generative AI, is shown at the demo center of Nvidia’s headquarters in Santa Clara, California, Feb. 9, 2023. Katie Tarasov Check out the companies making headlines in midday trading. Nvidia – The chipmaker’s